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iShares iBoxx $ Investment Grade Corporate Bond ETF

811 hedge funds and large institutions have $31.9B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2019 Q2 according to their latest regulatory filings, with 102 funds opening new positions, 325 increasing their positions, 275 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 54

18% more capital invested

Capital invested by funds: $27B → $31.9B (+$4.93B)

18% more repeat investments, than reductions

Existing positions increased: 325 | Existing positions reduced: 275

11% more funds holding in top 10

Funds holding in top 10: 8392 (+9)

5.43% more ownership

Funds ownership: 80.48%85.9% (+5.4%)

5% more funds holding

Funds holding: 775811 (+36)

61% less call options, than puts

Call options by funds: $730M | Put options by funds: $1.85B

Holders
811
Holders Change
+36
Holders Change %
+4.65%
% of All Funds
17.62%
Holding in Top 10
92
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+10.84%
% of All Funds
2%
New
102
Increased
325
Reduced
275
Closed
54
Calls
$730M
Puts
$1.85B
Net Calls
-$1.12B
Net Calls Change
-$236M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$4.28B +$718M +5,981,399 +21%
Fisher Asset Management
2
Fisher Asset Management
Washington
$2.57B -$26.8M -223,499 -1%
UBS Group
3
UBS Group
Switzerland
$1.25B +$182M +1,518,144 +18%
JP Morgan Chase
4
JP Morgan Chase
New York
$1.23B +$371M +3,085,540 +45%
BlackRock
5
BlackRock
New York
$1.17B -$746M -6,211,070 -40%
N
6
Nuveen
North Carolina
$1.13B +$37.2M +309,882 +4%
Financial Engines Advisors
7
Financial Engines Advisors
California
$1.08B -$13.8M -114,516 -1%
PP
8
Prudential plc
United Kingdom
$1.01B +$969M +8,066,765 +27,380%
Ameriprise
9
Ameriprise
Minnesota
$985M +$13.9M +115,405 +1%
Morgan Stanley
10
Morgan Stanley
New York
$914M +$52M +433,076 +6%
Barclays
11
Barclays
United Kingdom
$905M +$790M +6,574,607 +940%
Wells Fargo
12
Wells Fargo
California
$832M +$268M +2,233,109 +50%
Goldman Sachs
13
Goldman Sachs
New York
$777M +$331M +2,753,392 +79%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$582M -$74.5M -620,673 -12%
Citigroup
15
Citigroup
New York
$546M +$308M +2,567,317 +141%
CC
16
CQS Cayman
Cayman Islands
$500M -$335M -2,787,774 -41%
AIMU
17
Allianz Investment Management US
Minnesota
$483M
Mitsubishi UFJ Trust & Banking
18
Mitsubishi UFJ Trust & Banking
Japan
$477M +$77.1M +642,040 +20%
NMIFOAC
19
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$470M -$273M -2,273,800 -38%
VMPIC
20
Varma Mutual Pension Insurance Co
Finland
$432M +$417M +3,471,840 New
USAA
21
United Services Automobile Association
Texas
$374M +$289M +2,402,724 +398%
Canada Pension Plan Investment Board
22
Canada Pension Plan Investment Board
Ontario, Canada
$370M +$156M +1,300,000 +77%
Wealthfront Advisers
23
Wealthfront Advisers
California
$365M +$24.6M +204,935 +7%
BA
24
Bridgewater Associates
Connecticut
$328M +$1.52M +12,640 +0.5%
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$281M -$2.84M -23,616 -1%

LQD Hedge Fund Activity: Q2 2019 in Review

811 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q2 2019, worth a combined $31.9B — up 18% from $27B a quarter earlier.

Buyers outnumbered sellers: 102 funds opened new LQD positions and 54 closed out — a net gain of 48 holders — while 325 added to existing stakes and 275 trimmed.

The largest buyer was Prudential plc, adding an estimated $969M. The largest seller was BlackRock, cutting an estimated $746M.

  • 811 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q2 2019, up from 775 in Q1 2019.
  • Funds reported $31.9B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q2 2019, up 18% quarter-over-quarter.
  • 102 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q2 2019 and 54 closed out, a net change of +48 holders.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q2 2019 was Prudential plc, an estimated $969M added.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q2 2019 was BlackRock, an estimated $746M sold.

Based on aggregated 13F filings for Q2 2019.